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Jul 14, 2011
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there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways to tax excessive leverage, including thin capitalization tax. the imf made a good report to the g-20 on these issues. >> thank you very much. >> you said that a lower corporate tax rate would remove pressure on the debt over equity. can you explain how that would address the debt equity bias that we have heard about? >> the most simple version of this is the entity level taxation is part of the problem. reducing that rate ends up taking away that distortion to some agree. but a kind of goes further. one of the problems is not just that in the aggregate for nonfi
there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways...
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Jul 19, 2011
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the people like it's mcconnell are there to support big business. whether it is fox news or murdoch or wherever. that is where he thinks he's a support should go, not for the american people. host: you are a republican? caller: i became a republican at oxford university. having seen what i have seen in the past few months in particular, there is no way that republicans will get my vote in the near future. guest: it sounds like you have some interesting things to say. what you said about the consumer bureau consolidating into one place, that is 80% true. it consolidates them into one bureau. there is additional authority that it will have, and that is to supervise and regulate what are called non-bank financial firms. those are financial firms that do not take deposits. payday lenders, mortgage originators, that kind of thing. the principal was very simple. in the run-up to the financial crisis we had essentially what became known as the shadow banking industry. this was the mortgage factories that existed outside the deposit banks that turned up som
the people like it's mcconnell are there to support big business. whether it is fox news or murdoch or wherever. that is where he thinks he's a support should go, not for the american people. host: you are a republican? caller: i became a republican at oxford university. having seen what i have seen in the past few months in particular, there is no way that republicans will get my vote in the near future. guest: it sounds like you have some interesting things to say. what you said about the...
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Jul 6, 2011
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the senate, probably, but the house where there is a big sticking point. they have to come up with something that would clear the house in order to get through congress and become law. that is where they are stuck right now. they will meet thursday at the white house -- republican and democratic leaders together -- and going to try again to talk, but already it sounds like this will be a difficult conversation. yesterday, the speaker of the house john boehner, republican, put out this sort of warning that we could come to the white house and talk -- that is fine -- but it doesn't sound like things will go very far, he said, unless the president understands that republicans are not willing to raise taxes. as i said earlier, the president over the said we need a compromise, we need something that involves both cuts, which is what the republicans want, and ways to raise revenue. >> have democrats compromised on the hold medicare cuts issue? guest: right now there -- what to do with medicare and medicaid. i know the republicans said they want to raise the age
the senate, probably, but the house where there is a big sticking point. they have to come up with something that would clear the house in order to get through congress and become law. that is where they are stuck right now. they will meet thursday at the white house -- republican and democratic leaders together -- and going to try again to talk, but already it sounds like this will be a difficult conversation. yesterday, the speaker of the house john boehner, republican, put out this sort of...
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Jul 2, 2011
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we are left with a big deficit. all they talk about is cutting. -- host: we will have to leave it there. when it comes to government spending issues are concerned, that is what we are weighing in right now. good morning, james, independent line. caller: 5 believe the oil companies and big businesses should pay their fair share. republicans are nothing but a bunch of lawyers. they have -- lawyers. -- liars. they have been line ever since george bush was in there. host: what kind of spending and programs are you talking about? caller: all of their subsidies and not paying any taxes. host: we will leave it there. please turn down your television sets when you call in. florida, this is a comment from twitter. another call from minnesota this morning, what to cut what to keep? caller: i am a republican. it is hard to hear that we are the party of no, no, no. at the federal level, of our government has shut down because they cannot come together. republican-led states that do not have cannot of raising of taxes, the state
we are left with a big deficit. all they talk about is cutting. -- host: we will have to leave it there. when it comes to government spending issues are concerned, that is what we are weighing in right now. good morning, james, independent line. caller: 5 believe the oil companies and big businesses should pay their fair share. republicans are nothing but a bunch of lawyers. they have -- lawyers. -- liars. they have been line ever since george bush was in there. host: what kind of spending and...
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Jul 27, 2011
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key differences is that the president believes we should also be cutting some of these subsidies for big corporations for the purposes of deficit- reduction. it is very troubling to see a provision that would enshrine a preference for cutting education and medicare. >> it is unbelievable. they issued a statement saying that this plan is tantamount to a form of class warfare. he says it could well produce the greatest increase in poverty and hardship produced by any law and history. >> there are people behind these cuts. the cuts seemed so disproportionately aimed at those in least afford it. what is the impact of the bay near plan? what does that mean? well at this mean? >> what is troubling about this plan is that it makes it appear like everything will be painless when in reality it will be incredibly painful. you are going to force these kinds of changes. we know that these are the kind of changes that they are anticipating. we have a budget that passed the house. the cbo has looked at it. seniors would be forced out of the current medicare system. they'll be forced into the private i
key differences is that the president believes we should also be cutting some of these subsidies for big corporations for the purposes of deficit- reduction. it is very troubling to see a provision that would enshrine a preference for cutting education and medicare. >> it is unbelievable. they issued a statement saying that this plan is tantamount to a form of class warfare. he says it could well produce the greatest increase in poverty and hardship produced by any law and history....
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Jul 25, 2011
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that is the really big question. mp's delayed their summer holidays to discuss the hacking scandal rather than the economic crisis in the united states and eurozone. >> that is it for our look at the summer term in parliament. "the record review" will return when parliament gets back in september. for now, did by. -- for now, goodbye. ♪ >> if you want to be informed about what is happening in the world, it is not so hard. c-span has a digital online archive the go back to a 1987. you can basically whatch anythig that happened in the house or senate chambers on your screen. there are sources of information that were not imaginable 20 years ago. >> the c-span video library makes it easy to follow washington with instant access. it is all searchable, share a will, and free -- shareable, and free. the u.s. house returns to legislative businesses at noon today. on the agenda is $27.5 billion in interior department spending. over 100 amendments are expected. extending the term of the current fbi director is among other l
that is the really big question. mp's delayed their summer holidays to discuss the hacking scandal rather than the economic crisis in the united states and eurozone. >> that is it for our look at the summer term in parliament. "the record review" will return when parliament gets back in september. for now, did by. -- for now, goodbye. ♪ >> if you want to be informed about what is happening in the world, it is not so hard. c-span has a digital online archive the go back...
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Jul 17, 2011
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cds directly on treasuries as opposed to other securities are actually not that big. it would take an action to invoke the credit event. that could be a problem for some institutions. but it would not be the biggest problem. >> but your point is that this could be a self-inflicted wound doing more damage to the deficit down has been done to date? -- to the visit than has been done -- to the deficit men has been done to date? -- your point is that this could be a self-inflicted wound doing more damage to the deficit then has been done to date? >> it is not an option that we should be considering. >> thank you. >> thank you, mr. chairman. i will follow-up on this for just a moment and then i want to move on to some other issues. to make the observation that the market perceives and consequences are starkly different between the u.s. government failing to make an interest payment on a bond or on the other hand, bloating some -- delaying the reimbursement to a vendor or failing to cut the grass at the monument. these are very different events. the month of august has sche
cds directly on treasuries as opposed to other securities are actually not that big. it would take an action to invoke the credit event. that could be a problem for some institutions. but it would not be the biggest problem. >> but your point is that this could be a self-inflicted wound doing more damage to the deficit down has been done to date? -- to the visit than has been done -- to the deficit men has been done to date? -- your point is that this could be a self-inflicted wound doing...
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Jul 27, 2011
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there are big and complicated issues that need to be discussed as part of the design of any constitutional balanced amendment. let's say you pass a constitutional balanced amendment, how is it enforced? is the judiciary? at the end of the day, it is up to us. if we can't do something like what the gang of six did or the bipartisan commission did, we don't have any recourse. do you think a federal court judge will tell you that when you exceed the spending limits in any provision that you will raise revenue or make cuts? there is a whole enforcement part of this. it is easy and popular to say but how will it be forced? this is a political question and that is why if we cannot get our act together and recognize that everybody has to come off some of the issues they have dug in on, we will not be allowed to solve this problem. i don't think a balanced budget amendment does it. i'm happy to talk about it to see if you can address those issues. i have not seen one design that addresses all those issues. >> i have one comment about the enforcement. use war as i did to uphold the constitution. th
there are big and complicated issues that need to be discussed as part of the design of any constitutional balanced amendment. let's say you pass a constitutional balanced amendment, how is it enforced? is the judiciary? at the end of the day, it is up to us. if we can't do something like what the gang of six did or the bipartisan commission did, we don't have any recourse. do you think a federal court judge will tell you that when you exceed the spending limits in any provision that you will...
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Jul 11, 2011
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i was at a big meeting in atlanta. a national group was coming in town to present the problem of our deficit a debt. there were 500 business leaders in the room. they have a greatresentation and finished with questions and answers. a businessman raised his hand and asked what we should do. the group did not have anything to offer. we're providing any one with an interest was something to do. a 1e asking them to support cent solution that gives the balance in eight years. we want to enroll 1 million voters to support this and encourage support on the hill. it resonates with them as it does with anyone who is concerned abouthe problem. we welcome any participation. we are bipartisan. we do not have labels. we want to put something out there that will workor the people. host: david is a republican in biloxi, mississippi. caller: i hope i can articulate this fairly well. it sounds like a of a good common sense ideas, but how do you implement that with a congress and president that is bought and paid for by the bankers? goo
i was at a big meeting in atlanta. a national group was coming in town to present the problem of our deficit a debt. there were 500 business leaders in the room. they have a greatresentation and finished with questions and answers. a businessman raised his hand and asked what we should do. the group did not have anything to offer. we're providing any one with an interest was something to do. a 1e asking them to support cent solution that gives the balance in eight years. we want to enroll 1...
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Jul 10, 2011
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but there is a big difference between how people perceive small businesses and big corporations. small businesses are some of the most popular things in our polling. big corporations get 25% favorable. it is politically wise to go after the oil corporations and the big banks. they have been getting a break for years. but they need to make sure that they are not paying too broadly of russia's anti-business. they want to major that none of the middle-class and working- class people are getting the breaks, but small businesses, too. too. we need to reach out to those important constituents which are important to the middle of the electorate. if democrats can turn that around, it will be a big improvement in 2012 and beyond. host: on twitter. guest: i believe there is a political reality and a policy reality. i believe with minority leader pelosi and most americans that large-scale been that cuts should be off the table. plan, itike the ryan is terrible. also terrible politically. if you want to have but $4 trillion granted deficit deal, there will have to be compromising. there prob
but there is a big difference between how people perceive small businesses and big corporations. small businesses are some of the most popular things in our polling. big corporations get 25% favorable. it is politically wise to go after the oil corporations and the big banks. they have been getting a break for years. but they need to make sure that they are not paying too broadly of russia's anti-business. they want to major that none of the middle-class and working- class people are getting...
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Jul 18, 2011
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that's a big part -- we a cut, raise revenue and invest. but let's start a conversation with what world we are in. not who can throw the biggest number on the table and the most stubborn about saving something were cutting something. it is an idiotic debate we're having and unworthy of our country. this is a whole other theme in the book which we do not have time to talk about. we did not get here by accident. you did not get where you are and i did not get our i.m. on my own. yes there is a lot of people out there is as i got this and i'm going to keep the government out of my life. you got here as a product of the greatest public-private partnership in the history of the world. that's how you got here. and we call this americas at formula for success. it has five parts. we educate our people up to and beyond what ever the level of technology is starting with universal primary and then post secondary education. we invite the world immigrants in, those with low skills and those with high skills, the first round intellectual draft choices, a
that's a big part -- we a cut, raise revenue and invest. but let's start a conversation with what world we are in. not who can throw the biggest number on the table and the most stubborn about saving something were cutting something. it is an idiotic debate we're having and unworthy of our country. this is a whole other theme in the book which we do not have time to talk about. we did not get here by accident. you did not get where you are and i did not get our i.m. on my own. yes there is a...
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Jul 1, 2011
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guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs? yes, it did. i think that is how we have to approach medicare. a baby girl born today as a 50% chance or better of living to 100 my husband's grandmother passed away a couple of years ago one a week shy of 112 living in her own home. these are the things that we are dealing with. people are living longer. i was very engaged with care coordination, wellness, how we coordinate care for our seniors in order to make sure not only are they getting the appropriate care but getting it in the setting that they want and having the quality of life that they want as well. me
guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs?...
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Jul 17, 2011
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that's a big part -- we a cut, raise revenue and invest. but let's start a conversation with what world we are in. not who can throw the biggest number on the table and the most stubborn about saving something were cutting something. it is an idiotic debate we're having and unworthy of our country. this is a whole other theme in the book which we do not have time to talk about. we did not get here by accident. you did not get where you are and i did not get our i.m. on my own. yes there is a lot of people out there is as i got this and i'm going to keep the government out of my life. you got here as a product of the greatest public-private partnership in the history of the world. that's how you got here. and we call this americas at formula for success. it has five parts. we educate our people up to and beyond what ever the level of technology is starting with universal primary and then post secondary education. we invite the world immigrants in, those with low skills and those with high skills, the first round intellectual draft choices, a
that's a big part -- we a cut, raise revenue and invest. but let's start a conversation with what world we are in. not who can throw the biggest number on the table and the most stubborn about saving something were cutting something. it is an idiotic debate we're having and unworthy of our country. this is a whole other theme in the book which we do not have time to talk about. we did not get here by accident. you did not get where you are and i did not get our i.m. on my own. yes there is a...
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Jul 17, 2011
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that's a big part -- we a cut, raise revenue and invest. but let's start a conversation with what world we are in. not who can throw the biggest number on the table and the most stubborn about saving something were cutting something. it is an idiotic debate we're having and unworthy of our country. this is a whole other theme in the book which we do not have time to talk about. we did not get here by accident. you did not get where you are and i did not get our i.m. on my own. yes there is a lot of people out there is as i got this and i'm going to keep the government out of my life. you got here as a product of the greatest public-private partnership in the history of the world. that's how you got here. and we call this americas at formula for success. it has five parts. we educate our people up to and beyond what ever the level of technology is starting with universal primary and then post secondary education. we invite the world immigrants in, those with low skills and those with high skills, the first round intellectual draft choices, a
that's a big part -- we a cut, raise revenue and invest. but let's start a conversation with what world we are in. not who can throw the biggest number on the table and the most stubborn about saving something were cutting something. it is an idiotic debate we're having and unworthy of our country. this is a whole other theme in the book which we do not have time to talk about. we did not get here by accident. you did not get where you are and i did not get our i.m. on my own. yes there is a...
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Jul 20, 2011
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they were making big dollars. when they change things back on the internet, it went straight back to the fox news co.. they took it to court and before the judge. fox settled out of court. then they turned around for $600 million and bought the company. in the stand, right now, that murdoch has -- i understand, right now, that murdoch has immunity. is that true? host: do not know the answer to that. caller: i heard that it was and that did -- and i did now know that it was true or not. if it is, it is just like oliver north back then. hacking is illegal and should be brought on trial. host: from "the financial times" this morning, this is their lead editorial -- host: we have this twitter message -- host: abraham, your arm, we are talking about the impact -- you are on, we are talking about the impact of the phone hacking scandal. caller: rupert murdoch reminds me of nixon. they allowed their subjects to just run amok. should he get immunity? i do not think so. host: chicago, republican. caller: i was calling more
they were making big dollars. when they change things back on the internet, it went straight back to the fox news co.. they took it to court and before the judge. fox settled out of court. then they turned around for $600 million and bought the company. in the stand, right now, that murdoch has -- i understand, right now, that murdoch has immunity. is that true? host: do not know the answer to that. caller: i heard that it was and that did -- and i did now know that it was true or not. if it...
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Jul 15, 2011
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s'mores are big for us. i would rather have them at home. so -- who hasn't had a question the past couple days? you? >> you talked a little about kind of the mood in the room and how you're getting kind of get up with some of the discussions -- >> we are set up. i'm saying the president has more patience than job. i don't compete with him in that regard. >> the meeting when it broke down yesterday and president slammed back his chair and stood up and said, see you tomorrow. i'm wondering if you can talk about generally the mood of the meeting last night throughout the whole thing and what happened yesterday? >> i don't understand the problem is if the president of the united states after a meeting over two hours stands up and says see you tomorrow. that's how meetings with president's end. you don't leave first. the president leaves first. so that was completely appropriate, unless somebody in the room thought he or she should have the last word and start the exit from the meeting. but that would be i think a breach of protocol. >> you talke
s'mores are big for us. i would rather have them at home. so -- who hasn't had a question the past couple days? you? >> you talked a little about kind of the mood in the room and how you're getting kind of get up with some of the discussions -- >> we are set up. i'm saying the president has more patience than job. i don't compete with him in that regard. >> the meeting when it broke down yesterday and president slammed back his chair and stood up and said, see you tomorrow....
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Jul 8, 2011
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why big money always have to throw the burden on the backs of the poor. and i know people who will end up out on the streets if they go through with any major cuts in these programs. there is a lot of waste in these programs that could be taken care of. the hierarchies and government -- in government, that just will not let go. it seems like a couple of years ago there was a debate that drag on for months -- that was about health care. now we have another debate is dragging on for months, and now it is the deficit. it is like we are all being deceived. i don't go for conspiracy theories, but it is like our attention has been dragged away from something else that is really going on. host: arthur from corpus christi, texas. next is jackie who is a democrat from indianapolis. caller: good morning para you know -- good morning. you know, i have been watching politics ever since obama was an office and it appears to me, it does not matter what he does, he can't do anything right. as it relates to all of this talk about social security and being labeled as an e
why big money always have to throw the burden on the backs of the poor. and i know people who will end up out on the streets if they go through with any major cuts in these programs. there is a lot of waste in these programs that could be taken care of. the hierarchies and government -- in government, that just will not let go. it seems like a couple of years ago there was a debate that drag on for months -- that was about health care. now we have another debate is dragging on for months, and...
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Jul 19, 2011
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rogers: we're urging the president to do something big, he says he wants to do something big about our debt problem, this is the solution. we urge him to work with us and not demand new taxes. and once he'll do that we can turn to some meaningful things that will help improve the job situation which by the way is at 9.% unemployment and going the wrong direction. we can do some things like getting the regulators off our community banks so small businesses can have access to capital. shrinking the size of e.p.a. and osha and nlrb who are bloated in their infrastructure and just stifling jobs in america. we have a lot of things we can do but first we have to get our spending under control. i urge my colleagues to vote for cut, cap and balance. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? >> request permission to address the house for one minute, mr. speaker. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman from texas is recognized for one minute. >> mr. speaker, i rise in
rogers: we're urging the president to do something big, he says he wants to do something big about our debt problem, this is the solution. we urge him to work with us and not demand new taxes. and once he'll do that we can turn to some meaningful things that will help improve the job situation which by the way is at 9.% unemployment and going the wrong direction. we can do some things like getting the regulators off our community banks so small businesses can have access to capital. shrinking...
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Jul 26, 2011
07/11
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that is that congress establishes budget cuts big enough to satisfy the credit agencies. stocks would make our run at new bull market highs. it cannot pass a sizable plan, the downside would be limited to 10%. scenario 3, the worst outcome -- let's go to maryland, angela, an independent. caller: i'm a first-time caller. i am a social conservative and a fiscal conservative. i used to both the republican party from my local elections to the presidential elections. the worst thing that happened to the republican party is eric cantor. he reminds me of a child is totally intransigent. he is rude to the president and shows he is all talk and he cannot stand the heat in the kitchen. the tea party has taken over the republican party. why should grover norquist ask republican members to sign a pledge to him? he has not got our country. the republicans no longer represent me. they are behaving like a step further wives. -- stepford wives. this is not the reagan republican party that i used in them. this is really pathetic. people need to stop talking about social security as an ent
that is that congress establishes budget cuts big enough to satisfy the credit agencies. stocks would make our run at new bull market highs. it cannot pass a sizable plan, the downside would be limited to 10%. scenario 3, the worst outcome -- let's go to maryland, angela, an independent. caller: i'm a first-time caller. i am a social conservative and a fiscal conservative. i used to both the republican party from my local elections to the presidential elections. the worst thing that happened to...
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Jul 23, 2011
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just the fact that people know your name is a big, big advantage. and so a lot of candidates that want to be president have to spend a lot of time getting that name recognition. >> host: ann arbor, michigan, greg on our democrats line. >> caller: hey, good morning, how are you. >> guest: hi. >> caller: i was listening about special interests taking over government. how is that the alcohol and tobacco commissions be in charge of drug laws. go to our u.s. surgeon general's website, ma'am, 400,000 americans dead last year from tobacco, over 100,000 dead from alcohol, over 150,000 dead from prescription drugs. zero dead from marijuana overdose. how is it that the tobacco lobby can come before congress and complain about marijuana being legal -- >> host: i think you're offtopic and i apologize. let's go to savannah, georgia, barbara, republican line, savannah georgia, you're on. >> caller: ok, thank you. i want to know why would they allow one candidate to opt out and the other one not to opt out? that certainly makes an uneven playing field and that cer
just the fact that people know your name is a big, big advantage. and so a lot of candidates that want to be president have to spend a lot of time getting that name recognition. >> host: ann arbor, michigan, greg on our democrats line. >> caller: hey, good morning, how are you. >> guest: hi. >> caller: i was listening about special interests taking over government. how is that the alcohol and tobacco commissions be in charge of drug laws. go to our u.s. surgeon general's...
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Jul 11, 2011
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10 years is not big enough. others will vote against it because they will oppose even the slightest revenue increased. the speaker has to be looking to hold on to at least half of his side. he will lead a majority of republicans to vote for such a deal. in the senate, the same thing. a majority of senate democrats will need to vote for its rigid vote for this for a to get through. liberal democrats are more and more annoyed with the president. they think that he is selling out the store of core democratic ideals. that this is what the base of the democratic party expats -- expects. each cut that he gives in on will come back to haunt them next year. host: david, thank you for the follow-up to last night's meeting. caller: take care. host: lots going on, lots to talk about. here is one of the headlines. this is the front page of "the washington times" this sunday morning. "president to continue talks with boehner and others on the way forward." we have a crew on the hill. if folks from congress speak today, we wi
10 years is not big enough. others will vote against it because they will oppose even the slightest revenue increased. the speaker has to be looking to hold on to at least half of his side. he will lead a majority of republicans to vote for such a deal. in the senate, the same thing. a majority of senate democrats will need to vote for its rigid vote for this for a to get through. liberal democrats are more and more annoyed with the president. they think that he is selling out the store of core...
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Jul 13, 2011
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they have been publicly taking sides, but many house republicans would like a big deal. they would like to cut as much as possible. that might be in the area of the $4 trillion that boehner was discussing. they are adamantly opposed to tax increases. in that respect, they have allegiance to both parties. boehner is clearly more willing to talk about broad tax reform and some of the things that the democrats want to talk about. cantor did not see that as producing a result that to not include something that was a tax increase. the more likely option is to pursue a more modest deal that they talked about in the biden group. now that boehner has backed away from the grand bargain that he was talking about, there does not seem to be any daylight between them. at least on policy. the democrats are still pushing for the grand bargain to come back on to the table. that is something to watch in the coming days. host: as we move toward the weekend, we are heading toward the down side of the week, russell berman, tell us what plans if any are there for more negotiations to go on t
they have been publicly taking sides, but many house republicans would like a big deal. they would like to cut as much as possible. that might be in the area of the $4 trillion that boehner was discussing. they are adamantly opposed to tax increases. in that respect, they have allegiance to both parties. boehner is clearly more willing to talk about broad tax reform and some of the things that the democrats want to talk about. cantor did not see that as producing a result that to not include...
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Jul 3, 2011
07/11
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they are obsessed with big business. they break stories on big business is being corrupt. then you have the right of center papers that are obsessed with big corporations -- i mean, with big government. there. it is cool parity i am not for the outing -- the suppression of the adding of corrupt republicans. there is a huge difference. i am totally for all of these republican screwballs to get into trouble getting fired or quit saying today that they get caught, not stretching out for three ludicrous unbelievably weeks. thank you very much, congressman weiner. thank you. i loved every second of it, congressman weiner. especially the hack part. i am the hacker. so we are fighting back. we are entering a phase where objective and neutral journalism is now laughable thing of the fast. it does not exist. i met the people that trotter pretzel themselves into being totally neutral. no one is neutral in the entire world. you have used the cudgel of false neutrality as a means to push the american narrative to the left for the last 40 years. to hell with it. i am sorry that i am be
they are obsessed with big business. they break stories on big business is being corrupt. then you have the right of center papers that are obsessed with big corporations -- i mean, with big government. there. it is cool parity i am not for the outing -- the suppression of the adding of corrupt republicans. there is a huge difference. i am totally for all of these republican screwballs to get into trouble getting fired or quit saying today that they get caught, not stretching out for three...
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Jul 16, 2011
07/11
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the big jobs would have been a big job creators and they were not included. i think he made a strategic mistake whenever he started talking about job creation and deficit reduction in the same sentence. people got them all jumbled up. here we are talking about deficit reduction with no talk about job creation right now. that was his strategic mistake. he should have extricated themselves. he still should. that will only spiral us down work. -- debt will only spiral us downward. all of the cuts an austerity programs. look at greece. the deeper their austerity goes, the higher their debt goes. this was supposed to be a program to get them out of debt and the recession. it is pushing them in the opposite direction. all of the talk about debt reduction at a time when we have eight jobs crisis and 14 million people out of work -- a stop crisis and 40 million people out of work for the law period ever -- you made history, shonda. he beats to talk to people and let them know that he is going to create jobs. -- he needs to talk to people and let them know he is going
the big jobs would have been a big job creators and they were not included. i think he made a strategic mistake whenever he started talking about job creation and deficit reduction in the same sentence. people got them all jumbled up. here we are talking about deficit reduction with no talk about job creation right now. that was his strategic mistake. he should have extricated themselves. he still should. that will only spiral us down work. -- debt will only spiral us downward. all of the cuts...
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Jul 5, 2011
07/11
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he is going to the same big donors and asking them to write as big a check as they can so that he shows a big number only a portion of that can actually be spent on the primary election effort. host: kenneth vogel is our guest, a senior reporter for the politico. caller: i have had a question caller: i have had a question for a long time concerning the public unions, the teacher unions, and all those other types of unions. they put a lot of money towards candidates, but it is that taxpayer money paying for these public unions. i am a republican and i do not want my money to go to who they usually want their money to good to. hal in the world this -- is that constitutional or legal? host: what union are you in? you did not want your money going to the democrats. which union are you in? are you in a union? caller: no, i am not a union. as a taxpayer, i know that the public unions support the democrats usually. i am concerned that my money is going toward, you know, going out there. it is going to candidates that i would never support. host: logan in maryland. guest: unions are big spender
he is going to the same big donors and asking them to write as big a check as they can so that he shows a big number only a portion of that can actually be spent on the primary election effort. host: kenneth vogel is our guest, a senior reporter for the politico. caller: i have had a question caller: i have had a question for a long time concerning the public unions, the teacher unions, and all those other types of unions. they put a lot of money towards candidates, but it is that taxpayer...
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Jul 29, 2011
07/11
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no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now their solution is to punish the very americans who can least afford it, all in th name of keeping their rich friends and their special interests happy. the boehner plan is unbalanced and unfair. it slashes programs like social security and medicare that benefit the middle class and the poor. but e republicans insist on protecting tax breaks for oil and gas companies, just today exxon mobil announced profits of $10.7 billion for the second quarter. do they really need special tax breaks? the ameran people sure don't
no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now their...
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Jul 2, 2011
07/11
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we are making a big mistake. if we think there is one, universal model of western democracy that at some point between now and 2050, if you think that is what the future of the world is going to look like, you are going to be one very disappointed person. the chances of western-style democracy emerging in any of these countries has to be between 0 and 5% at best. the possibility of alternative models is something that was raised by david wright at the begin -- at the beginning in his opening remarks. i want you to think seriously about what it implies. singapore is not worrying about the jasmine revolution. singapore is the model. think of china as a giant, technocratic singapore in which the one-party state evolves itself in ways to avoid the collapse of the soviet experience. the second point, and this is where differ, it is precisely when nations are struggling with problems of internal political reform and challenges from below that they are most likely to pursue a more selfish and aggressive foreign policy.
we are making a big mistake. if we think there is one, universal model of western democracy that at some point between now and 2050, if you think that is what the future of the world is going to look like, you are going to be one very disappointed person. the chances of western-style democracy emerging in any of these countries has to be between 0 and 5% at best. the possibility of alternative models is something that was raised by david wright at the begin -- at the beginning in his opening...
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Jul 23, 2011
07/11
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nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated pers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our sponsibility in the first place. sho look, i'm one of the few republicans that stands up and says i think we need to eliminate some of these tax loopholes, but i think
nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it...
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Jul 7, 2011
07/11
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the money made a big difference. one was funded primarily by the french airline tax on overseas flights. that funds the children's medicine part. i give you this only as an example. we applied the same theory to try to lower the cost of new technologies when we got in the climate change business. we are helping 40 cities around the world to try to reduce greenhouse gas emissions by not only retrofitting buildings but changing the street lights. wherever possible in megacities, we close landfills, which are huge in matters of methane gas, and which are gold mines. in all those landfills, you have recyclable glass, plastic, and metal, and all the rest. the organic material can be turned into fertilizer and the rest can be turned into electricity. we are trying to do the same thing. we have doubled, tripled, and sometimes quadruple the income of african farmers by lowering the cost of fertilizer and seed, and working out a distribution network, and saving them have their income by taking their products to market. the po
the money made a big difference. one was funded primarily by the french airline tax on overseas flights. that funds the children's medicine part. i give you this only as an example. we applied the same theory to try to lower the cost of new technologies when we got in the climate change business. we are helping 40 cities around the world to try to reduce greenhouse gas emissions by not only retrofitting buildings but changing the street lights. wherever possible in megacities, we close...
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Jul 27, 2011
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education is a big export. income that comes from overseas and into our pockets, helping to employ americans in the education system. this is certainly a part of that story. those years have to shift to become more globally oriented. host: "demand drives business decisions." michael, democratic caller, minnesota. caller: i would like to comment about the republican guest that you had. i also want to apologize for the caller that attack you. that was very wrong. when the question was as, what was the plan about what would they do -- keep doubled talks and said -- key double talk and said we would decide what we do later. this is why people do not like politicians. it is like voodoo going on here. i am so ashamed that democrats and republicans are not working together. it is important to the world that they see this challenge that is going on. host: our current desk jon hilsenrath,, road -- our current guests jon hilsenrath, -- our current guest, jon hilsenrath, what is the take away benefits -- what is the take
education is a big export. income that comes from overseas and into our pockets, helping to employ americans in the education system. this is certainly a part of that story. those years have to shift to become more globally oriented. host: "demand drives business decisions." michael, democratic caller, minnesota. caller: i would like to comment about the republican guest that you had. i also want to apologize for the caller that attack you. that was very wrong. when the question was...
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Jul 5, 2011
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there's been a lot of bumps, some pretty big bumps along the way. and it has to do with new entrants into the u.s. as a country, as a political system. again, primarily through immigration. pushing the envelope, as it were, certainly from the standpoint of the majority established community. i'll tabling one example and that's the experience of roman catholics in this country. again, because of major migrations from europe, but in that wave primarily from roman catholics countries such as ireland and italy and poland and so forth, this was profoundly unsettling to the mainstream protestant establishment and there were indeed not only tensions and conflicts but violence in places like philadelphia, for instance, where the main campus -- the original campus of my alma mater, villanova, was torched to the ground. it was in the parish in villanova -- in philadelphia. one of the reasons -- the real reason, the precipitating reason had to do with bible reading in the public schools and whether, you know, catholic kids would be allowed to read the new age
there's been a lot of bumps, some pretty big bumps along the way. and it has to do with new entrants into the u.s. as a country, as a political system. again, primarily through immigration. pushing the envelope, as it were, certainly from the standpoint of the majority established community. i'll tabling one example and that's the experience of roman catholics in this country. again, because of major migrations from europe, but in that wave primarily from roman catholics countries such as...
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Jul 18, 2011
07/11
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tomorrow's vote's so big. it is big. and i thank the gentleman from arizona for leading this hour tonight because it's a precursor to the debate tomorrow, a debate that will be grand, i believe out of all the votes i've cast in my short time, just over a year here, tomorrow's might be one of the most important votes i cast. and stand before this house tonight, madam speaker, before you to say i'll be casting that green vote for that prosperous future of this great nation we have. to restore it, reclaim that liberty that we all know is so great and grand and i look forward to joining many of commy colleagues, such as the gentleman from arizona, thank you. mr. franks: i thank the distinguished gentleman and now recognize the distinguished gentleman from california, congressman bilbray. mr. bilirakis: thank you. i'm honored to speak to the oord -- mr. bilbray: thank you. i'm honored to speak to my friend from arizona. he made a nautical revert reference to the facts of life when tides change and as a child of the ocean i ap
tomorrow's vote's so big. it is big. and i thank the gentleman from arizona for leading this hour tonight because it's a precursor to the debate tomorrow, a debate that will be grand, i believe out of all the votes i've cast in my short time, just over a year here, tomorrow's might be one of the most important votes i cast. and stand before this house tonight, madam speaker, before you to say i'll be casting that green vote for that prosperous future of this great nation we have. to restore it,...
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Jul 28, 2011
07/11
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no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand by as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now their solution is to punish the very americans who can least afford it, all in the name of keeping their rich friends and their special interests happy. the boehner plan is unbalanced and unfair. it slashes programs like social security and medicare that benefit the middle class and the poor. but the republicans insist on protecting tax breaks for oil and gas companies, just today exxon mobil announced profits of $10.7 billion for the second quarter. do they really need special tax breaks? the american people su
no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand by as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now...
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Jul 13, 2011
07/11
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and i see this big orange glob right here into the future. and i realize it's the bush-era tax cuts for millionaires and billionaires and how fair is that to those living on medicare and social security. i look at the wars. some would argue that those wars are unsustainable into the future and yet they comprise a substantial portion of our long-term debt because they were never paid for when we engaged in those. i looked at the trouble assets relief program into the future. but what i see there is this thin blueish line and what this means is that we have paid that back under the obama administration and democratic control of the congress. and then we have this big glob here that's about the current economic downturn and it strikes me if the congress really wanted to do something if the majority wanted to do something, leave medicare alone, leave social security alone, leave medicaid alone. focus on getting jobs and 27 million people back to work so they can contribute to our tax base and contribute to medicare and social security. do a jobs
and i see this big orange glob right here into the future. and i realize it's the bush-era tax cuts for millionaires and billionaires and how fair is that to those living on medicare and social security. i look at the wars. some would argue that those wars are unsustainable into the future and yet they comprise a substantial portion of our long-term debt because they were never paid for when we engaged in those. i looked at the trouble assets relief program into the future. but what i see there...
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Jul 26, 2011
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i mean, that's too big a number for everybody to really consider. so i broke it down to every family in the united states. every family's part of this $63 trillion of unfunded liabilities for medicare as it exists today is over $500,000. per family. $500,000 per family. of unfunded liabilities for medicare just in the next several decades. now, i don't know about most families but my family can't afford to pay $500,000 and neither can the government. mr. gingrey: if the gentleman will yield back to me for just a second and i've got a post that are points out just exactly what the gentleman from georgia, dr. broun, is saying. the c.b.o., if you look, colleagues, at the bottom of this poster, c.b.o. estimates individual and corporate income tax rates would have to rise by 90% through the year 2050 to finance medicare and medcare cade. and if medicare is not fixed, millions of workers today will lose the money that they have invested and indeed they have invested with that payroll tax over their many years of employment and i yield back. mr. broun: tha
i mean, that's too big a number for everybody to really consider. so i broke it down to every family in the united states. every family's part of this $63 trillion of unfunded liabilities for medicare as it exists today is over $500,000. per family. $500,000 per family. of unfunded liabilities for medicare just in the next several decades. now, i don't know about most families but my family can't afford to pay $500,000 and neither can the government. mr. gingrey: if the gentleman will yield...
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Jul 20, 2011
07/11
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not a big deal. i'm going to keep this promise to you and that's how they get elected year after year making promises. pt time has come to say, these promises can't be kept. you know what? i think this freshman class of republicans have said we aren't going to lie to you anymore. we're going to tell you the truth. the truth is we can't continue on this course. we are going to level with you and say we have to reform it and save. we can't continue to borrow and not have substantial economic consequences for the next generation, we have to fix it. you may not want to hear it, but it's the truth. we aren't going to lie to you anymore. once we all know where we're at as a country, we can come together as a country, how do we fix the problem that we face as a country. when we have one party that doesn't want to acknowledge the problems that we face and want to mislead the american people about those problems, it's hard to have an honest conversation. i didn't come here to misrepresent the american people.
not a big deal. i'm going to keep this promise to you and that's how they get elected year after year making promises. pt time has come to say, these promises can't be kept. you know what? i think this freshman class of republicans have said we aren't going to lie to you anymore. we're going to tell you the truth. the truth is we can't continue on this course. we are going to level with you and say we have to reform it and save. we can't continue to borrow and not have substantial economic...
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Jul 2, 2011
07/11
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we are making a big mistake. if we think there is one, universal model of western democracy that at some point between now and 2050, if you think that is what the future of the world is going to look like, you are going to be one very disappointed person. the chances of western-style democracy emerging in any of these countries has to be between 0 and 5% at best. the possibility of alternative models is something that was raised by david wright at the begin -- at the beginning in his opening remarks. i want you to think seriously about what it implies. singapore is not worrying about the jasmine revolution. singapore is the model. think of china as a giant, technocratic singapore in which the one-party state evolves itself in ways to avoid the collapse of th soviet experience. the second point, and this is where differ, it is precisely when nations are struggling with problems of internal political reform and challenges from below that they are most likely to pursue a more selfish and aggressive foreign policy. t
we are making a big mistake. if we think there is one, universal model of western democracy that at some point between now and 2050, if you think that is what the future of the world is going to look like, you are going to be one very disappointed person. the chances of western-style democracy emerging in any of these countries has to be between 0 and 5% at best. the possibility of alternative models is something that was raised by david wright at the begin -- at the beginning in his opening...
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Jul 30, 2011
07/11
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let the big boys to see what is going on. if is no place for kids. guest: with respect to medicare, one of the things that is driving the enormous projections of deficits are entitlement programs. they take up an enormous amount of the federal budget. when you read the reports, we are 15-years away from bankrupting the medicare program your payment every month will be far insufficient to make sure that you continue to receive that benefit. it is one of the reasons that republicans have taken a very serious approach to resolving the crisis, that medicare crisis, which will be upon us before we know it. when we pass the budget plan as best year, we said we would take care of folks 55 and older. we also said we will not allow a 15-member board of un elected people to decide her fate and the medical treatment that you will or will not get. we put forth a plan the to make sure that medicare is around for you and the next generation. i hope we can get democrats to join us on that host: plan was theeid's only plan, would you vote for it? guest: i will oppos
let the big boys to see what is going on. if is no place for kids. guest: with respect to medicare, one of the things that is driving the enormous projections of deficits are entitlement programs. they take up an enormous amount of the federal budget. when you read the reports, we are 15-years away from bankrupting the medicare program your payment every month will be far insufficient to make sure that you continue to receive that benefit. it is one of the reasons that republicans have taken a...
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Jul 29, 2011
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they will have a big meeting in our building about this. another question -- i get paid on the first and the third. already --checks even if it goes down and they are scared everyone sells security, we will not get their checks. host: a couple of veterans call this morning and said that their military pay has already come through. we are waiting outside the senate with reporters gathered to hear from democratic leaders. you can see harry reid is speaking on the senate floor now on c-span 2. once he is done, he will come out in front of reporters and take questions and possibly other leaders. while we wait for that to happen, we will continue with your calls. caller: texas, democrats line, go ahead. ason't know what is going on far as the welfare system. host: you are breaking up but it is tough to understand so we will let you go. in washington, republican line, what is your town? caller: parkersburg, west virginia. i am watching best. this. i don't think people understand that we have not had a budget for two years before this. we need a b
they will have a big meeting in our building about this. another question -- i get paid on the first and the third. already --checks even if it goes down and they are scared everyone sells security, we will not get their checks. host: a couple of veterans call this morning and said that their military pay has already come through. we are waiting outside the senate with reporters gathered to hear from democratic leaders. you can see harry reid is speaking on the senate floor now on c-span 2....
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Jul 21, 2011
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that could end up, as the caller said, it has not been that big a part of the story yet. we could have police facing disciplinary hearings if not criminal prosecutions. host: do you see potential of this bringing down the camden government? guest: -- cameron government? guest: people are beginning to think that. if he had an election in six months, it would be serious. it does not look very good. the scandal last year broke a lot of trust in politicians. now you have got a prime minister who appointed someone, his former communications director, a former editor of "news of the world" when the hacking was taking place. it is hard to believe the prime minister did not know that hacking was endemic at "news of the world," so the only conclusion is that he did not care. host: how do you perceive the coziness or relationship between u.s. politicians and reporters? guest: well, it certainly can be cozy. politicians and reporters socialize together. they go to the same parties very often here in washington. but i don't think it is quite reached the level of the occasions that ha
that could end up, as the caller said, it has not been that big a part of the story yet. we could have police facing disciplinary hearings if not criminal prosecutions. host: do you see potential of this bringing down the camden government? guest: -- cameron government? guest: people are beginning to think that. if he had an election in six months, it would be serious. it does not look very good. the scandal last year broke a lot of trust in politicians. now you have got a prime minister who...
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Jul 8, 2011
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to be honest, it is the ethics that is the big issue here. it is just as much as whether the law itself is broken. the private investigators should be ashamed of what happens. those around the newspaper. this is tantamount to this. it is my idea that if she had a shred of decency she would resign. god knows if it were a minister in the spotlight, she would be demanding this parent sure is not the only magician in the dark arts. in 2006, they produce a devastating report that detailed hundred and thousands of dubious acts by journalist or agents of national newspapers. at the mail on sunday alone. i say with sadness. earlier this year, add the new commissioner we feel that many patient records are far from secure from the prying eyes of journalists. that is the most private. i am very grateful. >> will you agree with me? there is the question of this excellent report. regardless of politics, it is shameful that the government of the day did not take action when that report was published. >> i will come on later to what i hope will be more mark
to be honest, it is the ethics that is the big issue here. it is just as much as whether the law itself is broken. the private investigators should be ashamed of what happens. those around the newspaper. this is tantamount to this. it is my idea that if she had a shred of decency she would resign. god knows if it were a minister in the spotlight, she would be demanding this parent sure is not the only magician in the dark arts. in 2006, they produce a devastating report that detailed hundred...
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Jul 21, 2011
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you know what my big fear is? my big fear is not it's going to be a default on the united states debt, my big fear is there is going to be a default on the promise of america. my you big fear is that the government is doing so much that we as people may think that we get to do so little. the government's not taking care of anyone, the government is taking from people who would have taken care of someone, and is feeling that responsibility for nurturing our neighbors. it is not the government's job to feed the hungry in my community, it's my job. it's not the government's job to reach out to the least of these, it's my job. we are talking about children here on the house floor here today, as we are talking about the most vulnerable of these, i think back to steny hoyer's words in 1995, but when it comes to balanced budgets, when it comes to running up deficits, the person who gets hurt the worst when reckless government spending goes unchecked are the least of these. are the children. i agree with him 100%. what ar
you know what my big fear is? my big fear is not it's going to be a default on the united states debt, my big fear is there is going to be a default on the promise of america. my you big fear is that the government is doing so much that we as people may think that we get to do so little. the government's not taking care of anyone, the government is taking from people who would have taken care of someone, and is feeling that responsibility for nurturing our neighbors. it is not the government's...
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Jul 23, 2011
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nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and says i think we need to eliminate some of these tax loopholes, but i t
nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it...
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Jul 11, 2011
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, great projects that are of national greatnesslet's build big dams, let's have big wars, let's have big kumbaya moments from a conservative point of view andi'm not a fan of that. matt welch is certainly not a fan of that. and i always bring it back to my grandparents who left europe because they didn't want to be part of somebody else's national greatness plan. >> richard nixon -- you call him the "colossus of yorba linda." >> yes, well that's a reference to the iluminados trilogy by robert anton wilson and robert shea, where throughout it, it's a great parody book of a kind of conspiracy theory that came out in the early to mid-'70s, and throughout it a character is trying to raise money to build a stature in honor of nixon, they called the "colossus of yorba linda." >> what did you think of him? >> of nixon? >> yes. >> nixon is a -- i think he is a fascinating, psychological type and he was an odious personality, and in a lot of ways, i -- to call him a tragic figure is probably to offer too much grandeur to -- to simply a politician, but it's -- it's fascinating -- what -- what
, great projects that are of national greatnesslet's build big dams, let's have big wars, let's have big kumbaya moments from a conservative point of view andi'm not a fan of that. matt welch is certainly not a fan of that. and i always bring it back to my grandparents who left europe because they didn't want to be part of somebody else's national greatness plan. >> richard nixon -- you call him the "colossus of yorba linda." >> yes, well that's a reference to the...
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Jul 10, 2011
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that has played a big role. with this agreement, it would allow us to get our products in there at a faster rate and get them to people who produce them. host: last year, u.s.-colombia trade equaled $27 billion. the u.s. imports $15 billion. those include mineral fuel, precious stones, spices, coffee , plants, fruits, and nuts. guest: crude oil is probably one of our biggest imports. i think it is about $10 billion. i think most people are drinking coffee this morning. i did before i left this morning. coffee is a major agricultural imports for us. they grow bananas. when you go into the stores and see fresh fruit -- fresh cut flowers, a lot of those come from colombia. it is several million dollars' worth. is a bigger -- it is a bigger import for us from colombia than bananas. it contributes to our economy. colombian coffee is pretty much everywhere now. it is benefiting those growers. host: huntington beach, california, jerry on the democrats' line. caller: top of the morning to you. one of the callers brought
that has played a big role. with this agreement, it would allow us to get our products in there at a faster rate and get them to people who produce them. host: last year, u.s.-colombia trade equaled $27 billion. the u.s. imports $15 billion. those include mineral fuel, precious stones, spices, coffee , plants, fruits, and nuts. guest: crude oil is probably one of our biggest imports. i think it is about $10 billion. i think most people are drinking coffee this morning. i did before i left this...
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Jul 3, 2011
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host: a big push from republicans on a balanced-budget amendment. that issue has come back to the forefront in the gop terms. what is your reaction to that, their current mantra? guest: i think the balanced budget amendment might be the worst idea -- would not say ever, but it is pretty terrible. putting a cap on total spending -- i think the house is saying 80% of gdp -- that would cripple government. it would require massive cuts to existing services, up to 70%, but it would -- in the event of recession or war, it would sharply limit what the united states could actually do. i do not imagine -- quick spending for military action -- i do not imagine that happening at all. requiring the 2/3 votes for tax increases would put this in the same situation as california is right now. they are virtually not capable of dealing with their budget problems because it requires a 2/3 majority to pass a tax measure. that has crippled the government. host: conn carroll? guest: do i have to? [laughter] i am not against the balanced budget. i think it is a way to ki
host: a big push from republicans on a balanced-budget amendment. that issue has come back to the forefront in the gop terms. what is your reaction to that, their current mantra? guest: i think the balanced budget amendment might be the worst idea -- would not say ever, but it is pretty terrible. putting a cap on total spending -- i think the house is saying 80% of gdp -- that would cripple government. it would require massive cuts to existing services, up to 70%, but it would -- in the event...
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Jul 19, 2011
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that was a big fight when we came in, president came in, that was a big fight. out of compromise, he said, let's be fair. and so you can see the bush tax cuts, 37% of our debt. 37%. so to talk about why we're here, look at what the republicans have done. and then you have the iraq war, 11%, so it's interesting that now they're going to be fiscally responsible but yet they are the cause of the debt. let me finish by just saying that i am glad to be here with the congressional black caucus, i want to rename the bill as the tap dance, losers club and bust the american people bill. bust the safety net for america. and i want to thank the gentlelady by simply saying, i love this country and i believe we can come together. i have great respect for my colleagues who have a different view. but what i beg of them to do is to take the constitution and cherish it like we all do and that opening part that says, we the people, we are now calling on republicans and democrats and members of the tea party who are in this congress to be part of the we the people and let us not i
that was a big fight when we came in, president came in, that was a big fight. out of compromise, he said, let's be fair. and so you can see the bush tax cuts, 37% of our debt. 37%. so to talk about why we're here, look at what the republicans have done. and then you have the iraq war, 11%, so it's interesting that now they're going to be fiscally responsible but yet they are the cause of the debt. let me finish by just saying that i am glad to be here with the congressional black caucus, i...
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Jul 13, 2011
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you have the headline here, boehner, a big deal no longer operative. he told house republicans on tuesday -- between what speaker boehner is saying and what minority leader mitch mcconnell is saying, where are the negotiations at this point? guest: the prevailing milled -- mood is pessimism. the negotiations now that the congressional leaders have gone to the white house for three straight days, the of not made a whole lot of progress. each side has retrenched. ideologically, the democrats are leery of making any cuts or changes to entitlement programs without some revenue increases, tax increases. and republicans have been consistently opposed to anything that smacks of tax increases. so you had the mcconnell plan yesterday shaking everything up a bit. it is unclear how viable an option that will be going forward. host: when they get together with the president at the white house this afternoon, what is it that will be on the table? what will they be able to work with on the congressional side and on obama's side? guest: been talking in the last coupl
you have the headline here, boehner, a big deal no longer operative. he told house republicans on tuesday -- between what speaker boehner is saying and what minority leader mitch mcconnell is saying, where are the negotiations at this point? guest: the prevailing milled -- mood is pessimism. the negotiations now that the congressional leaders have gone to the white house for three straight days, the of not made a whole lot of progress. each side has retrenched. ideologically, the democrats are...
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Jul 10, 2011
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what is the troop strength, the terrorist trained, how big is it? are the weapons coming through sudan or are any of them coming from china? with regards to the pirates, the doctor pointed out in his testimony and others have pointed out as well that there needs to be a land solution. i think that is obvious, but if you could touch on that. we will do all the questions -- >> deputy secretary, if i could ask this question -- when the last administration left office, there was an internal debate about whether eritrea should be designated as a state sponsor of terrorism for its support of al- sabah. it did not happen at the time, but just after she left government service, the former assistant secretary wrote a good piece in though wall street journal with these seem of eritrea should be listed as a state sponsor of terrorism. we have the u.n. reports citing their support and the case is cut and dry. the assistant secretary testified flat out that the government of eritrea continues to supply missions to extremist elements -- we are trying to put them
what is the troop strength, the terrorist trained, how big is it? are the weapons coming through sudan or are any of them coming from china? with regards to the pirates, the doctor pointed out in his testimony and others have pointed out as well that there needs to be a land solution. i think that is obvious, but if you could touch on that. we will do all the questions -- >> deputy secretary, if i could ask this question -- when the last administration left office, there was an internal...
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Jul 27, 2011
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i think that is a big step of the right direction, and we put real caps in place. it is going to be the less than it was last year. >> some were saying last night that the cuts would allow for more spending than the ryan budget. is that correct? >> i would much rather have the house republican budget, but this bill was a product of a bipartisan discussion and a bipartisan negotiation. that is why it is not exactly everything we would want it to be. [unintelligible] >> are you confident this is going to pass? [unintelligible] >> this was negotiated in a bipartisan manner between both houses of congress. i think we will have work to do to get it passed, but i think we can do it. >> the markets are down this morning. even if the plan does not reach $1 trillion, are you worried -- >> i do believe this plan is enough. when the joint committee gets together, they are required to find cuts at least $1.80 trillion. the first step in this project is to make sure we pass this in the house and i would ask all my colleagues, to look at this common-sense plan, a common- sense w
i think that is a big step of the right direction, and we put real caps in place. it is going to be the less than it was last year. >> some were saying last night that the cuts would allow for more spending than the ryan budget. is that correct? >> i would much rather have the house republican budget, but this bill was a product of a bipartisan discussion and a bipartisan negotiation. that is why it is not exactly everything we would want it to be. [unintelligible] >> are you...